The unbanking of America : how the new middle class survives
Preferred Shelf Number:
332.1097 SERVON, LISA
First Title value, for Searching:
The unbanking of America : how the new middle class survives
First Author value, for Searching:
Servon, Lisa J., author.
ISBN:
9780544602311
Personal Author:
Physical Description:
xix, 250 pages ; 24 cm
Contents:
We're all underbanked -- Where everybody knows your name -- Bankonomics, or How banking changed and most of us lost out -- The new middle class -- The credit trap: "bad debt" and real life -- Payday loans: making the best of poor options -- Living in the minus: the millennial perspective -- Borrowing and saving under the radar -- Inside the innovators -- Rejecting the new normal.
Abstract:
"Servon delivers [an] ... indictment of America's banks, together with ... dispatches from inside a range of banking alternatives that have sprung up to fill the void. She works as a teller at RiteCheck, a check cashing business in the South Bronx, and as a payday lender in Oakland. She looks closely at the workings of a tanda, an informal lending club. And she delivers ... portraits of the entrepreneurs reacting to the unbanking of America by designing systems to creatively serve many of us"--Dust jacket flap.
